Cape May Point is a tiny coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New Jersey. With a population of 299 people and just one neighborhood, Cape May Point is the 513th largest community in New Jersey. Cape May Point has an unusually large stock of pre-World War II architecture, making it one of the older and more historic boroughs.
Cape May Point home prices are not only among the most expensive in New Jersey, but Cape May Point real estate also consistently ranks among the most expensive in America.
Cape May Point is a decidedly white-collar borough, with fully 98.39% of the workforce employed in white-collar jobs, well above the national average. Overall, Cape May Point is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Cape May Point who work in community and social services (37.10%), management occupations (16.13%), and business and financial occupations (11.29%).
Also of interest is that Cape May Point has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 11.29% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Cape May Point is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the borough’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
In addition, Cape May Point is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
It is a fairly quiet borough because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Cape May Point has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Cape May Point has few renters and college students. But the biggest reason it is quieter in Cape May Point than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Cape May Point may be for you.
Cape May Point is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
Cape May Point is a small borough, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
Do you like to read, write and learn? If you move to Cape May Point, you'll likely find that many of your neighbors like to as well. Cape May Point is one of the more educated communities in America, with a full 60.65% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Cape May Point in 2022 was $150,725, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $602,900 for a family of four.
Cape May Point is a very ethnically-diverse borough. The people who call Cape May Point home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cape May Point residents report their race to be White, followed by Black or African-American. Important ancestries of people in Cape May Point include English, Irish, French, Polish, and German.
Cape May Point also has a high percentage of its population that was born in another country: 16.77%.
The most common language spoken in Cape May Point is English. Other important languages spoken here include Spanish and French.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Do you like a coastal setting? If so, this neighborhood may be to your liking. The neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 59.5% of the residential real estate vacant, the neighborhood claims the distinction of having a higher vacancy rate than 99.4% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
Of note is NeighborhoodScout's research finding that the neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the community truly stands out from the rest in this regard.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 7.6% of residents in the neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.3% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.8% of all American neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 65.5% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Did you know that the neighborhood has more Croatian and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Croatian ancestry and 4.2% have Hungarian ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Cape May Point are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.3% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the neighborhood, 45.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 41.8% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (9.0%), and 8.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 93.4% of households. Some people also speak Spanish (4.2%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the neighborhood in Cape May Point, NJ, residents most commonly identify their ethnicity or ancestry as Irish (28.4%). There are also a number of people of English ancestry (18.6%), and residents who report German roots (16.6%), and some of the residents are also of Italian ancestry (15.1%), along with some Polish ancestry residents (8.7%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (65.5% of working residents), one of the shortest commutes across America.
Here most residents (57.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (14.5%) and 7.6% of residents also bicycle for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.